Introduction to Purchasing Training Course

This one day introduction to purchasing training course is ideally suited to people who are new to purchasing and are looking for a course to explain in lay-mans language the various techniques used in a professional purchasing environment.

This is a fun, innovative one day course which uses practical business games to reinforce the theory. The course content also covers learning how to negotiate thus giving delegates the opportunity to practice their negotiation skills in a structured environment.

What you will learn

At the conclusion of the training course each delegate will have an appreciation of:-
  • The difference between Cost and Price
  • Hidden Costs
  • The Buying Process
  • How to source components
  • Material Requirement Planning (MRP)
  • Basic stock replenishment systems
  • How to measure vendor performance
  • Negotiation Skills

Course Content

This introduction to purchasing training course covers the following topics:-
  • Total Cost of Acquisition (Cost vs. Price)
  • Bills of Material & ABC Analysis
  • What is Material Requirements Planning (mrp)?
  • Stock Replenishment Tools – e.g. Kanban
  • Purchase Price Variance (PPV)
  • Vendor Selection Strategy
    • Benchmarking
    • Competitive Tendering
    • Partnership Sourcing
  • How to Purchase Capital Equipment and Services?
  • Cost Reduction Programmes
  • Making the internet work for you
  • TQRDC & Vendor Rating
  • Hidden Costs
  • Negotiation Skills

Elements of the introduction to purchasing training course content require the delegates to participate in interactive role play. Courses are limited to a maximum of twelve delegates. Cost: £295 plus vat per delegate. Course costs cover the training session, a comprehensive set of course notes, lunch and refreshments.

This is a non-residential training course. This course can be delivered in-house if required. For further information contact Aster Training on 01296 720281 for a Free Consultation to discuss your training requirements.

Our Reviews

Excellent Course

Review by Sharon Porter, The London Clinic

"Excellent course, well presented"

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Customer Reviews

Items 1 to 10 of 10 total

Excellent Course

Review by Sharon Porter, The London Clinic

"Excellent course, well presented"

Enjoyed the course

Review by Mike, Stores Supervisor, The London Clinic

"Did enjoy the course. Paul made it interesting and easy to listen to."

Very well delivered

Review by Marc Prince - Data Systems, The London Clinic

"Very well delivered, cannot fault it!"

Enjoyed the Role Play

Review by Yvette Kloek, Purchasing Assistant, Aixtron Ltd

"I enjoyed the role play, would be nice to do more for confidence building."

Very good

Review by Lauren Gibson, Procurement Apprentice, SMC Pneumatics UK Ltd

"Very good course, full information, explained well."

Paul was a great trainer

Review by Alicia Wren, Purchasing Assistant, Biorad

"Paul was a great trainer. He was patient with me when I was trying to understand a few things. Overall, the course was very useful."

Was Great

Review by Chris Butcher, Assistant Buyer, Babcock

"Nothing to improve - was great!"

Enjoyed the Role Play

Review by Natalie Pearson, Assistant Buyrer, Babcock

"I enjoyed the role play section. Applying what we had learnt helped the information make sense."

It taught me a lot.

Review by Sarah Stewart, Stock Control, Morgan Technical Ceramics

"It taught me a lot of the hidden issues that you don't realise are involved with purchasing."

Well Structured

Review by Gillian Day, Business Unit Manager, Morgan Technical Ceramics

"The course was well structured and informative, I really enjoyed it and hope I can take the skills I have learn't and use them."